Nigeria is navigating a series of major developments — from economic reforms and security challenges to environmental crises. Here’s a breakdown of the key issues: 1. Economic Reforms and Debt Issuance The Nigerian government recently issued $2.25 billion in Eurobonds to help close its fiscal deficit. The International Monetary Fund (IMF) praised Nigeria’s macroeconomic reforms, including the removal of fuel subsidies and better monetary discipline. According to the government, economic growth is improving: GDP grew by 4.23% in Q2 2025, supported by industrial gains. Inflation remains high but is easing: The Lagos Chamber of Commerce notes a drop to 22.97% in May 2025. Governors, in coordination with the Central Bank (CBN) and the Department of State Services (DSS), are pushing for tighter fiscal and security cooperation to stabilize the economy. 2. Security Crisis & Terrorism A serious clash erupted in northeast Nigeria between Boko Haram and the Islamic State in West Africa (ISWAP). Reports suggest around 200 militants were killed, underlining the intensity of the jihadist turf war. At the same time, state governors are pushing for better intelligence sharing with federal agencies to address rising insecurity, violent extremism, and communal conflict. In international news, there was controversy after a threat by Donald Trump of possible U.S. military action in Nigeria over alleged Christian persecution. Nigeria rejected these claims, calling them based on “outdated” or false information. The Nigerian stock market was rattled by that same threat, with investors reacting strongly. On the criminal front, Nigeria’s anti-narcotics agency (NDLEA) announced cooperation with U.S. and U.K. agencies to investigate a major cocaine cartel, after over 1,000 kg of cocaine was seized at Lagos’ Tincan Port.